You know how media is twisting things, you have to read between the lines to get the real story, every single time.

Sweden cannot, and will not, in near future, have the ability to raise enough money on it's "space program" to fund anything like that. But the paper work can be done, and then someone might take it up from there on and forward.

But this guy is an accomplished scientist in his field (material/structural science), and his work will be taken seriously!